Panasonic Corporation and Sanyo Electric Co., Ltd., In the Matter of

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In the Matter of Panasonic Corporation, a corporation, and Sanyo Electric Co., Ltd., a corporation
FTC Matter/File Number:

091 0050

Docket Number:

C-4274

Enforcement Type:

Part 2 Consents

Case Summary

The Commission challenged major consumer electronics manufacturers Panasonic Corporation's proposed $9 billion acquisition of Sanyo Electric Co., Ltd., requiring that Sanyo sell its portable nickel metal hydride (NiMH) battery business related assets, including a premier manufacturing plant in Japan. NiMH batteries power two-way radios, among other products, which are used by police and fire departments nationwide.